FICO released its first FICO Score Credit Insights Report, showing how inflation, resumed student loan payments, and shifting payment priorities are reshaping U.S. consumer credit. The national average score dipped to 715, with Gen Z seeing the largest declines due to financial volatility and high student loan exposure. The study also highlighted a K-shaped recovery, with more borrowers moving into both the highest and lowest score ranges.

Delinquencies are rising in auto loans, credit cards, and mortgages, while personal loan delinquencies eased. Consumers now prioritize auto loans over mortgages, with student loans ranked lowest. At the same time, more Americans are actively monitoring their credit, with Gen Z and Millennials leading in monthly score checks, reflecting growing awareness of financial health.